BTC rising wedge
BTC UPDATE: BTC is currently forming rising wedge on 4hrs TF which is bullish channel and still in uptrend on 4hrs TF in as much we are holding 35.6k 4hrs bullish OB strongly…..
In as much BTC holding the support at 35.6k strongly on 4hrs TF we are good but any break of the bullish channel and break of previous lower low at 34458 will trigger the price to daily support at 31857.8 where the imbalance is so be careful and watch the BTC PA here…..
Expected price if 31.8k can’t hold after break of the bullish channel will be 28.8k, 26.4k and 25k but if we bounce with good volume from 31.8k means 40-45k should be expected…
Stay safe and watch the PA before making new move
Follow for more market update
In as much BTC holding the support at 35.6k strongly on 4hrs TF we are good but any break of the bullish channel and break of previous lower low at 34458 will trigger the price to daily support at 31857.8 where the imbalance is so be careful and watch the BTC PA here…..
Expected price if 31.8k can’t hold after break of the bullish channel will be 28.8k, 26.4k and 25k but if we bounce with good volume from 31.8k means 40-45k should be expected…
Stay safe and watch the PA before making new move
Follow for more market update
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